£153,157
This estimated value is based upon the latest sale price for the house of £119,950 on 28 Sep 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£119,950 | 28 Sep 2017 |
£79,000 | 29 Jan 2015 |
£45,000 | 4 Jun 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 422 sq feet |
This model uses changes in the Official Land Registry House Price Index for EAST SUSSEX to estimate the market value.
When this house was purchased in September 2017 the House Price Index for EAST SUSSEX was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £119,950 results in an estimated price of approximately £153,157.
28 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £119,950 | £33,207 | £153,157 |
The Postcode Pricing Model uses changes in average sales price within the TN37 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 25.764 % | £30,903 | £150,853 |
3 Month Average | 20.187 % | £24,213 | £144,163 |
6 Month Average | 39.089 % | £46,887 | £166,837 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £96,482 | £95,000 | FLAT 10 INVERGORDON HOUSE, 5 WARRIOR GARDENS |
21 Dec 2023 | £160,946 | £156,000 | 4 ST JOHNS ROAD |
1 Jun 2023 | £178,579 | £175,000 | FLAT 4 6 WARRIOR GARDENS |
15 Feb 2023 | £173,660 | £172,500 | FLAT 1 18 WARRIOR GARDENS |
7 Nov 2022 | £323,487 | £325,000 | FLAT 1A 11 WARRIOR GARDENS |
This house has a floor area of 39 sq meters or 422 sq feet when measured on 27 Jun 2009. Using an estimated price of £153,158 means this house is valued at £3,898 per sq meter (£362 per sq foot).
The average size of a house on ST JOHNS ROAD is 63 sq meters (679 sq feet).